Chuka Umunna lands job at JP Morgan – after criticising ‘reckless’ City wages as an MP

Chuka Umunna lands lucrative job at JP Morgan – after criticising ‘reckless’ City wages when he was a Labour MP Mr Umunna is joining the bank from PR company Edelman He left Labour party in 2019 to help found the short-lived Change UK party Did not reveal new salary but in 2010 said bankers’ pay … Read more

Wayne Rooney defers portion of his wages to help Derby through their cash crisis

Wayne Rooney defers portion of his £90,000-a-week wages to help Derby through their cash crisis as newly-appointed Rams boss agrees to spread pay-packet over longer period Wayne Rooney will defer a portion of his wages to help Derby in their cash crisis The new Rams manager was given a two-and-a-half year contract last month He has … Read more

Simon Cowell didn’t pay himself ANY wages from his former company after profits fell

Simon Cowell didn’t pay himself ANY wages from his former company after profits fell by ‘nearly £30m’ In the latest paperwork filed at Companies House for SimCo Ltd it was revealed that between October 2019 and March 2020 a profit of £5.8m was made However this was down from large profits of £34.6m over an 18-month … Read more

B&M will pay 30,000 staff a week’s extra wages amid bumper festive sales

B&M Bargains has doled out a 20p-a-share special dividend to shareholders as well as £30million to its boss Simon Arora after the cheap retailer enjoyed a bumper Christmas..  Arora and his family are the biggest shareholders in B&M, enabling him to pay himself £30million, in addition to a £44million dividend payout revealed two months ago. B&M will … Read more

Average 2025 wages to be £1,200 a year lower than prior predictions

The Covid-19 pandemic will hit the average worker’s pay packet by £1,200 by 2025, analysis by a think tank has revealed today. A report published by the Resolution Foundation has hinted the pandemic will have a lasting impact on the finances of individual Britons, alongside damaging public economics. Here Today, Gone Tomorrow says that by … Read more

Corrie’s younger stars ‘lobby bosses for better pay after their wages were affected in lockdown’

Coronation Street’s younger stars have reportedly joined forces to lobby their bosses for better pay after their wages were affected in lockdown. Earlier this year, ITV producers had rationed shows filmed prior to the coronavirus pandemic as production came to a standstill in March, with the actors left unable to work during the height of … Read more

Rishi Sunak draws up German-style scheme for businesses and Treasury to jointly pay workers’ wages

Rishi Sunak is drawing up plans for a new German-style job retention programme to replace the government’s outgoing coronavirus furlough scheme, reports suggest. The Chancellor is under mounting pressure from business chiefs and politicians to find a new way to avoid the threat of mass layoffs when the government’s £39billion furlough scheme ends next month. … Read more

Roxy Jacenko wages war on the council AGAIN after staffer gets a $116 parking fine

Roxy Jacenko is waging yet another war on Sydney City council after her staffer was hit with a parking fine near her Paddington office.  On Tuesday, the 40-year-old shared a photo to Instagram showing the $116 infringement along with a long caption ranting about the perceived injustice.  She wrote:  ‘This is just a disgrace. I’ve … Read more

UK businesses will foot 10% of the wages of up to 10 million furloughed staff from today

UK businesses will foot 10% of the wages of up to 10 million furloughed staff from today – as bosses warn Rishi Sunak’s £1,000 job retention grants won’t stop wave of redundancies Bosses warn of lay-offs as employers contribute to wages of furloughed staff Government will reduce its contribution to 70 per cent of wages … Read more

Government could pay 10% of wages for people who go BACK to work in furlough ‘flip’

Government could pay 10% of wages for people who go BACK to work in furlough ‘flip’ as Rishi Sunak desperately tries to stop employers laying-off staff in October More than a million firms have utilised Job Retention Scheme during pandemic But many fear they’ll be unable to keep employees when support ends in autumn Treasury … Read more